{"id":786063,"date":"2026-07-07T12:56:11","date_gmt":"2026-07-07T12:56:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/786063\/"},"modified":"2026-07-07T12:56:11","modified_gmt":"2026-07-07T12:56:11","slug":"sierra-club-believes-bps-exit-from-bay-du-nord-indicates-project-is-not-viable","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/786063\/","title":{"rendered":"Sierra Club Believes bp\u2019s Exit from Bay du Nord Indicates Project is \u2018Not Viable\u2019"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/equinor-hq-stavanger-norway.png\" class=\"header-image\" alt=\"Sierra Club Believes bp's Exit from Bay du Nord Indicates Project is 'Not Viable'\"\/><\/p>\n<p class=\"wp-caption-text\">Equinor headquarters in Stavanger, Norway (via Google Maps)<\/p>\n<p>The Sierra Club of Canada says bp\u2019s exit from the Bay du Nord project should serve as \u201ca massive warning\u201d against public investment in the project.<\/p>\n<p>The environmental group, an outspoke critic of the project, says the federal government has already agreed to subsidize the project to the tune of $1 billion, and bp\u2019s exit shows that the project is \u201cnot viable.\u201d<\/p>\n<p>The Sierra Club says while Bay du Nord could come online by 2031, an acceleration in the adoption of renewable energy due to the current energy crisis, could mean no new oil and gas projects would be needed according to the International Energy Agency.<\/p>\n<p>The Sierra Club\u2019s Conor Curtis says leading energy economist Fatih Birol of the IEA has said that the UK should largely forego oil and gas expansion in the North Sea \u2013 a project that was \u201cfar more viable than Bay du Nord\u201d according to the Sierra Club.<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Equinor headquarters in Stavanger, Norway (via Google Maps) The Sierra Club of Canada says bp\u2019s exit from&hellip;\n","protected":false},"author":2,"featured_media":786064,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,269876,185074,269873,269875,269877,269874,269870,269871,269872],"class_list":["post-786063","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-listen-to-vocm","tag-news-radio","tag-news-radio-st-johns","tag-st-johns-fm-radio","tag-st-johns-local-radio","tag-st-johns-radio-station","tag-vocm","tag-vocm-590","tag-vocm-radio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/786063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=786063"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/786063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/786064"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=786063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=786063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=786063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}